Abu Dhabi National Energy Company PJSC, commonly known as Taqa, has begun discussions to acquire a stake in Spain’s Naturgy Energy Group SA. Taqa’s chairman, Mohamed Hassan Alsuwaidi, who also serves as the UAE Minister of Investment, visited Spain to meet with executives from CriteriaCaixa SA, Naturgy’s largest shareholder, to explore potential investment opportunities. This...
The Abu Dhabi National Energy Company (TAQA) is set to make substantial investments in the data centre industry, with projections indicating that these investments will exceed AED 37 billion. This move aims to enhance Abu Dhabi’s growing data and artificial intelligence sectors. Credit: WAM TAQA’s Chief Executive Officer, Jasim Husain Thabet, emphasized the importance of...
TAQA Distribution, a subsidiary of the Abu Dhabi National Energy Company (TAQA), has entered into a Memorandum of Understanding (MoU) with Abu Dhabi Airports. This agreement was signed during the World Utilities Congress in Abu Dhabi and aims to enhance the management of energy and water infrastructure at the airports. Credit: WAM The MoU will...
Abu Dhabi National Energy Company (TAQA) is set to enhance the emirate’s growing data and artificial intelligence sector, with plans for investments that will exceed AED37 billion ($10 billion) to meet the power demands of the data centre industry. This initiative is part of TAQA’s broader strategy to provide clean, certified, and reliable energy for...
The Abu Dhabi National Energy Company (TAQA) is actively seeking acquisition opportunities in the United States and other regions to enhance its international presence and achieve its growth targets. This information was reported by Reuters. TAQA, which is primarily owned by ADPower, a subsidiary of the Abu Dhabi sovereign wealth fund ADQ, has been diversifying...
Abu Dhabi’s TAQA (TAQA.AD) is actively seeking to acquire companies in the United States and other locations, according to its chief executive, Jasim Husain Thabet. The state-owned utility is focused on international expansion and is striving to meet its ambitious growth targets. “The U.S. is a key market for us,” Thabet stated during an interview...